Hong Kong official hails AI space firm's listing as boost for tech sector
Hong Kong's innovation chief praised GuoXing Aerospace for listing on the stock exchange, citing its rapid growth from founding in 2018 to launching AI satellite constellations. The firm plans to set up a global HQ in Hong Kong, showcasing the city's role in financing and tech development.
Hong Kong's Secretary for Innovation, Science and Technology, speaking at the listing ceremony of GuoXing Aerospace on the Hong Kong Stock Exchange on 13 November 2026, hailed the company as a model of deep integration between artificial intelligence and commercial space technology.
GuoXing Aerospace, founded in 2018, developed and launched the nation's first AI large-model intelligent computing satellite in 2024. In 2025, it built the world's first AI intelligent computing satellite constellation made up of 12 such satellites. The secretary noted the company achieved its stock market listing in less than a decade, demonstrating the potential of China's commercial space sector.
The company has signed an agreement with the Hong Kong Science and Technology Parks Corporation to set up an international headquarters and research and development centre in Hong Kong. It also recently announced a partnership with a Hong Kong-based AI firm to jointly build a space computing constellation.
The secretary said these moves illustrate how Hong Kong's dual role in finance and technology can help companies find new breakthroughs. He added that the development aligns with the city's First Five-Year Plan, which calls for expanding applications in fields including aerospace technology.
He encouraged more hard-tech enterprises to make use of Hong Kong's advantages as a 'super-connector' and 'super-value adder' to open up new tracks and showcase the strength and value of national and Hong Kong innovation and technology on the global stage.
